Friday 6 November 2009

Day 40

Win Lay System - Day 40
Today's starting bank: 3108.38
Today's profit: 740.77
Profit since 28/09/2009: 1849.15
New bank: 3849.15
New stake liability: 96.23

I had my worst day earlier this week, and now my best. :0

Despite today's most welcome profits, I'm dropping the daily liability to 2.5% of bank. I feel I need to reduce the risk of going bust because a lot can happen in a day. When I automate the bet placement, I'll try to recalculate my bank and stake liability before each race.

2 comments:

Cran said...

How are you automating the bet placement? as I could do with automating some of my tennis trades.

Allan said...

Hi Cran

There are a couple of ways to do this. Screen scraping the Betfair web pages, and using the Betfair API. I've used both methods, and I think the API is the way to go because it is consistent, whereas the web pages can and do change.

There are two flavours of API use, a free one and a paid for one. The free one is adequate for my purpose.

http://bdp.betfair.com/